Analysis-German woes darken central Europe’s recovery prospects
By Gergely Szakacs, Jason Hovet and Maria Martinez BUDAPEST/PRAGUE (Reuters) – The sickly state of the German economy is the next big challenge for the export-reliant countries of central Europe, which are…
Marketmind: Rate prospects at risk as central banks meet
A look at the day ahead in European and global markets from Wayne Cole It’s set to be a pivotal week as the Federal Reserve leads a quintet of rich-world central bank…
Biden turns 81 as worries about his age weigh on re-election prospects
By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden turned 81 on Monday, a milestone that drew attention to his status as the oldest person ever to occupy the Oval Office, with…
Analysis-Indo-Pacific trade deal prospects dim as 2024 US election year politics loom
By David Lawder SAN FRANCISCO (Reuters) – The Biden administration has vowed to continue negotiating an ambitious Asia trade deal, but election-year pressures and resistance to tough commitments from some countries make…
Palladium’s slide accelerates on prospects for surplus next year
By Brijesh Patel and Ashitha Shivaprasad (Reuters) – Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat triggered by expectations of surpluses due to the…
BioNTech cuts 2023 revenue target on reduced prospects for vaccine
FRANKFURT (Reuters) – BioNTech has cut its 2023 revenue target by about 1 billion euros ($1.1 billion) on lower demand for the COVID-19 vaccine made with Pfizer but said the impact from…
Marketmind: Rate cut prospects fuel stock rally
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been an upbeat start to the week in Asia as markets cast…
Instant view: US job growth smashes expectations, raising prospects for rate hikes
(Reuters) – U.S. job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this year, though wage growth is moderating. Nonfarm…
Russian trade, remittances boost Central Asia growth prospects – EBRD
By Jorgelina do Rosario LONDON (Reuters) – Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks to rising trade and remittance flows from…
Analysis-Von der Leyen talks up Ukraine’s EU prospects but Hungary seen as stumbling block
By Gabriela Baczynska and Andrew Gray BRUSSELS (Reuters) – EU chief Ursula von der Leyen set out a vision on Wednesday of an enlarged European Union that would include Ukraine – but…
Chocolate makers’ prospects sour as cocoa prices spike
By Maytaal Angel, Jessica DiNapoli and Richa Naidu LONDON/NEW YORK (Reuters) – (This Aug. 18 story has been corrected to clarify that Europe has seen chocolate price increases of 13%, not 20%,…
‘I Don’t Run For Second’: Nikki Haley Throws Cold Water On Her VP Selection Prospects
‘I Don’t Run For Second’: Nikki Haley Throws Cold Water On Her VP Selection Prospects Arjun Singh on August 17, 2023 Republican presidential candidate Nikki Haley has dismissed suggestions that she’s running…
Canadian dollar prospects rise as analysts eye end of global rate hikes: Reuters poll
By Fergal Smith TORONTO (Reuters) – Analysts have raised their bullish forecasts on the Canadian dollar as central banks globally, including the Federal Reserve, move closer to concluding interest rate hiking campaigns,…
Hedge funds rush to buy China stocks on economy stimulus prospects – Goldman
By Summer Zhen HONG KONG (Reuters) – Global hedge funds snapped up Chinese equities following the politburo meeting this week, buying on Tuesday at their fastest pace since October 2022, Goldman Sachs…
IMF chief: Prospects for medium-term global growth weak
GANDHINAGAR, India (Reuters) – Global economic activity is slowing, especially in the manufacturing sector, and medium-term growth prospects remain weak, the chief of the International Monetary Fund told financial leaders of the…
Palladium in retreat on EV prospects, growth risks
By Ashitha Shivaprasad (Reuters) – Palladium could extend this year’s near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal at a time…
Palladium in retreat on EV prospects, growth risks
By Ashitha Shivaprasad (Reuters) – Palladium could extend this year’s near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal at a time…
‘Prospects for UBS are better than ever’ – CEO Ermotti
ZURICH (Reuters) – UBS’s Chief Executive sought to reassure Switzerland on Saturday over its new banking giant, created by the Swiss bank’s historic takeover of former rival Credit Suisse. “The prospects for…
Fed’s Bullard: disinflation prospects ‘good’ but not guaranteed
PALO ALTO, Calif. (Reuters) – St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the U.S. central bank of rapid interest-rate hikes to beat back soaring inflation,…
UK service firms report second month of growth as prospects improve -PMI
LONDON (Reuters) – Britain’s economy looks set to have grown in early 2023 after firms in the dominant service sector in March reported the strongest new business expansion in a year and…
European chemicals firms downbeat on 2023 prospects
By Bartosz Dabrowski, Andrey Sychev and Tristan Chabba (Reuters) – European chemical producers painted a bleak picture of their prospects for 2023 on Thursday, citing the continuing fallout from Russia’s invasion of…
U.S. businesses in China are more pessimistic about prospects -survey
By Casey Hall SHANGHAI (Reuters) – U.S. businesses operating in China are increasingly pessimistic about their prospects in the world’s second-largest economy, according to a survey released Wednesday by the American Chamber…
Lavrov says Ukraine war affects prospects for nuclear talks
(Reuters) – Russian Foreign Minister Sergei Lavrov said on Thursday that Moscow was willing to play a responsible part in nuclear arms control but it was impossible to discuss nuclear stability while…
India, UAE central banks discuss rupee-dirham trade prospects -official
By Shivangi Acharya NEW DELHI (Reuters) – The central banks of India and the United Arab Emirates are discussing a potential mechanism to trade in their respective local currencies, India’s ambassador to…
Analysis-In male-dominated North Korea, leadership prospects of Kim Jong Un’s daughter are uncertain
By Josh Smith SEOUL (Reuters) -Although the unexpected appearance of North Korean leader Kim Jong Un’s daughter raised speculation that she could be a successor in the making, analysts say it would…
‘Out Of Touch’: Democratic Think Tank Delivers Blow To The Party’s Prospects For 2024
‘Out Of Touch’: Democratic Think Tank Delivers Blow To The Party’s Prospects For 2024 Bronson Winslow on November 7, 2022 A Democratic think tank released a memo Monday that pointed to the…
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